Chey Tae-won, chairperson of SK Group, wants to speed up chip plant expansion to avoid losing memory market share in Korea.
He said, "If Chinese companies or U.S. Micron expand faster, Korea's market share will shrink," adding, "There is huge demand, but if we can't expand plants, that's the problem."He went on to explain that "CXMT and YMTC are continuing to advance at a terrifying pace," suggesting that it would be difficult to stop the growth of Chinese corporations with U.S. semiconductor restrictions alone.$Micron Tech(MU.US) $DRAM $EWY $SK Hynix(SKHY.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.